Compare Mortgage Lenders
Select two lenders to compare side by side using 2023 HMDA federal data: approval rates, denial rates, loan sizes, loan types, and geographic reach.
Key Metrics
| Metric | FIRST NATIONAL BANK | THE CAMDEN NATIONAL |
|---|---|---|
| Total Applications | 903 | 2,443 ▲ |
| Loans Originated | 725 | 1,733 |
| Approval Rate (higher is better) | 80.3% ✓ | 70.9% |
| Denial Rate (lower is better) | 8.6% ✓ | 11.2% |
| Avg Loan Amount | $227,569 | $339,335 |
| Avg Interest Rate (lower is better) | 8.012% | 7.408% ✓ |
| Avg Applicant Income | $36,000 | $36,000 |
| Applications Denied | 78 | 274 |
| Applications Withdrawn | 90 | 348 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | FIRST NATIONAL BANK | THE CAMDEN NATIONAL |
|---|---|---|
| Conventional | 898 (99.4%) | 2,273 (93.0%) |
| FHA | — | 96 (3.9%) |
| VA | 2 (0.2%) | 46 (1.9%) |
| USDA | 3 (0.3%) | 28 (1.1%) |
Loan Purpose Breakdown
| Purpose | FIRST NATIONAL BANK | THE CAMDEN NATIONAL |
|---|---|---|
| Home Purchase | 394 | 1,064 |
| Home Improvement | 233 | 557 |
| Other | 150 | 369 |
| Refinancing | 121 | 119 |
| Cash-out Refinancing | 5 | 334 |
Top States by Loan Volume
Summary
- 903 total applications · 725 originated
- Approval rate: 80.3%
- Denial rate: 8.6%
- Avg loan: $227,569
- Avg rate: 8.012%
- HQ: DAMARISCOTTA, ME
- 2,443 total applications · 1,733 originated
- Approval rate: 70.9%
- Denial rate: 11.2%
- Avg loan: $339,335
- Avg rate: 7.408%
- HQ: CAMDEN, ME
Methodology
Comparisons are drawn from the CFPB 2024 HMDA Snapshot National Loan-Level Dataset, published by the Consumer Financial Protection Bureau and distributed via the FFIEC. Every figure on this page comes from lenders' mandatory HMDA filings — not voluntary marketing claims.
Approval (origination) rate = originated ÷ total applications. Denial rate = denied ÷ total applications. Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes. Denial rates reflect a lender's applicant mix as much as its underwriting stance; compare alongside loan-type mix and geography before drawing conclusions.
Side-by-side comparisons are informational only and do not constitute financial, legal, or mortgage advice. Always obtain and compare written Loan Estimates before applying.